Overview
PaySprint's Credit Card Issuance API is a revolutionary tool designed to empower our partners to offer various credit cards seamlessly. This API simplifies and streamlines the credit card application and issuance process, allowing partners to help process credit cards offered by various banks, their application requests, and their issuance.
Goals
- Enhanced Customer Acquisition and Loyalty: Facilitate the issuance of credit cards of different banks with attractive rewards programs and benefits, fostering customer loyalty and attracting new customers for our partners.
- Streamlined Credit Card Issuance: Offer a fast and efficient credit card application process through the API, reducing manual work and turnaround times for both PaySprint partners and customers.
- Increased Revenue Opportunities: Enable partners to generate additional revenue streams through credit card issuance programs.
- CIBIL Score check: Customers can also check their CIBIL score as well with help of credit card issuance API.
- Multiple Bank Credit card option: Customers will get the multiple bank credit card option. Customers can select the bank & complete the application process on the bank website.
Specifications
● Customer enters his mobile number, PAN card, PIN code, and Employment type (salaried or self-employed) and shares the consent to T&C.
● The customer will be taken to the bank credit card page after providing all the information, where they may check their credit score and see all available bank credit card options.
● Customers will choose a bank credit card and finish the credit card application process by providing all necessary information, like email addresses, permanent addresses, communication addresses, and names of the company and father name.
● After submitting the application, the customer will receive the communication over the given mobile number.
● The consumer will receive a call from the bank to complete the video KYC and confirm the address for credit card delivery.
● The payouts are applicable only for Credit cards issued and not applications or leads sourced.
● Any card which is not activated within a month of issuance, the partner will not get a payout commission for the credit card issuance.
Process Flow
| Lender and Card Type | Partner Commission |
|---|---|
| SCB Credit cards - Platinum Rewards, Simply Cash, Rewards | 2700 |
| SCB Credit cards - EaseMyTrip | 3700 |
| Axis Bank Credit Cards - True Affluent (Vistara Infinite, Samsung Infinite & Magnus) | 2000 |
| Axis Bank Credit Cards Emerging Affluent (Axis Rewards, Privilege, Select, Vistara, Vistara Signature) | 1500 |
| Axis Bank Credit Cards - Retail Card (IOCL, Aura, Flipkart, Samsung Signature, Myzone) | 1300 |
| Axis Bank Credit Cards - Lifetime Free (Neo) | 900 |
| IDFC First Bank Credit Cards | 950 |
| IDFC First Bank WOW Secured Credit Cards | 300 |
| AU Bank | 1200 |
| SBI Credit cards | 1750 |
| HSBC Credit cards | 2500 |
| Bajaj RBL Credit Card | 1300 |
| IndusInd Bank - Platinum Aura | 1200 |
| IndusInd Bank - Signature Legend | 1400 |
| IndusInd Bank - Nexxt/Eazy Diner | 1900 |
| HDFC Bank Credit Cards - Entry Level (Swiggy, Business MoneyBack, IRCTC, Times Titanium, Shoppers Stop, MoneyBack,Tata Neu Plus, Moneyback+, Easy EMI, IndianOil,CSC Small Business MoneyBack Card,6E Rewards Indigo) | 1600 |
| HDFC Bank Credit Cards - Premium (Regalia Gold, Tata Neu Infinity, Times Platinum, Freedom, Intermiles Platinum, Millennia, Marriott Bonvoy) | 2100 |
| HDFC Bank Credit Cards - Super Premium (Shoppers Stop Black, Business Regalia, Intermiles Signature, Regalia, Infinia, Diners Club Black, 6E Rewards XL Indigo, Diners Club Privilege, Diners Club Black Metal) | 2800 |
| Bank of Baroda Credit Cards (Easy, Select, Premier, Defence Cards, Professional Cards) | 550 |
| Bank of Baroda Credit Cards (Cobrands: Snapdeal, IRCTC, HPCL Energie) | 750 |
| Bank of Baroda Credit Cards (Eterna) | 1500 |
| Kotak Bank Credit Cards (Lifetime Free - League Platinum) | 1100 |
| Kotak Bank Credit Cards (IOCL RuPay) | 1200 |
| Amex Bank Credit Cards - SmartEarn | 1100 |
| Amex Bank Credit Cards - Membership Rewards (MRCC) | 2100 |
| Amex Bank Credit Cards - Platinum Travel | 2800 |
| Amex Bank Credit Cards - Platinum RCP | 3700 |